Asia Financial Holdings (HKSE:00662) Scaled Net Operating Assets : 0.20 (As of Dec. 2023)

View and export this data going back to 1990. Start your Free Trial

What is Asia Financial Holdings Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Asia Financial Holdings's operating assets for the quarter that ended in Dec. 2023 was HK$7,175 Mil. Asia Financial Holdings's operating liabilities for the quarter that ended in Dec. 2023 was HK$4,283 Mil. Asia Financial Holdings's Total Assets for the quarter that ended in Jun. 2023 was HK$14,709 Mil. Therefore, Asia Financial Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.20.

Asia Financial Holdings Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Asia Financial Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(12149.992	-	4282.768)	/	14734.713
=	0.53

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	15035.394	-	2885.402
=	12149.992

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4286.548	-	3.78	-	0
=	4282.768

Asia Financial Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Jun. 2023 )
=	(7174.5	-	4282.768)	/	14708.954
=	0.20

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	15035.394	-	7860.894
=	7174.5

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4286.548	-	3.78	-	0
=	4282.768

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Asia Financial Holdings Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Asia Financial Holdings's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Asia Financial Holdings (HKSE:00662) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Asia Financial Holdings Ltd (HKSE:00662) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Des Voeux Road Central, 16th Floor, Worldwide House, Hong Kong, HKG

Website

https://www.afh.hk

Asia Financial Holdings Ltd operates in the financial services industry of Hong Kong. Its key offering is comprised of insurance products ranging from general insurance to life insurance, which is provided through its subsidiaries of China. The company's segment include the Insurance segment engages in the provision of the underwriting of general and life insurance; the Corporate segment engages in securities trading and holding and other businesses. Majority of the revenue is derived from Insurance segment. Its revenue is derived from operations carried out in Hong Kong, Macau and Mainland China.

Executives

Cosmos Investments Inc.
Claremont Capital Holdings Ltd
Chan Bernard Charnwut	2201 Interest of corporation controlled by you
Chan Yau Hing, Robin	2201 Interest of corporation controlled by you
Bangkok Bank Public Company Limited	2101 Beneficial owner
Sompo Holdings, Inc.	2201 Interest of corporation controlled by you
Sompo Japan Insurance Inc. (formerly Known As Sompo Japan Nipponkoa Insurance Inc.)	2101 Beneficial owner